Charles Darku has appointed Kweku Awotwi as the new Managing Director.
Mr Awotwi is an experienced international business executive with over twenty-five years’ experience working in the energy sector, electricity, oil and gas, as well as the mining and extractive industries, in both the public and private sectors in Africa...
The Central bank has announced the establishment of a new FinTech and Innovation Office to drive the Bank’s cash-lite, e-payments, and digitisation agenda. The regulatory body said the emergence of FinTech solutions has introduced significant complexities that require the sector supervisor’s focus, to understand and supervise effectively. The setting...
The Ghana Mineworkers Union (GMWU) has served notice it will embark on a full-blown strike by Tuesday March 27, 2018, if the government does not call mining giant Goldfields to order.
Per the unions directives which is contained in a statement which was copied to the B&FT, prior to the...
Changes made to loan agreements without notice
Borrowers not provided pre-agreement contracts
Exposing customer details to third parties
Unfriendly environment for the physically challenged
The Bank of Ghana has released a report that reveals some banks are engaging in serious unprofessional conducts that violate the regulator’s guidelines on customer...
Parliament has given legal backing to the Legal Profession (Professional and Post – Call Law Course) Regulations, 2018 (L.I. 2355) that makes it a prerequisite for prospective students to sit an entrance exams before gaining admission to the Ghana School of Law.
The approval of the (L.1. 2355) had gone...
Russian Railway Company, Geo Services, has said it is ready to invest over US$12.5billion in the redevelopment of Ghana’s Railway network, a project the Akufo-Addo government is keen on realising.
Its CEO, Sergey Kamnev, told the B&FT that should his company win the bid, Ghana should expect nothing but the...
French electricity conglomerate EDF, French transnational company Veolia and their local partner CH Group - who have put in a joint bid for the ECG Concession - have rejected the government policy that allocates 51 percent mandatory ownership of the concession to Ghanaian companies.
In a letter dated February 12,...
Some disgruntled customers of ASN-Financial Services Limited (ASN-FSL), a licenced Finance House, are unable to access their investments with the indigenous institution - a situation further compounded by lack of information from the institution or the central bank.
“We had a meeting in March last year, when they promised...
Simon Dornoo, who formerly headed GCB Bank, has been appointed to lead the team of experts from accounting and auditing firm, KPMG, to revive and stabilise uniBank Ghana Limited.
With 25 years experience in banking, Mr. Dornoo will act in that capacity over the six months that uniBank is expected...
Springfield E&P (SEP) and ENI Ghana Exploration Limited ( ENI) have been directed by  government to commence immediate talks on unitization of the Afina and Sankofa fields offshore Ghana (operated by SEP and ENI respectively).
Based on technical evidence that the reservoir straddles both blocks, government directed in a letter...
